Sterling trimmed its losses while U.K. government bond yields rose slightly after Bank of England official Catherine Mann suggested interest rates would need to remain high.
The Pound Sterling (GBP) weakens against its major peers in European trading hours on Tuesday after a dovish commentary from ...
Sterling fell against the dollar on Thursday, on track for its biggest daily drop in about a month, as investors awaited the ...
The pound rose to its highest in a month on Wednesday as the dollar retreated further after surging two days ago on the ...
LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp ...
Fiscal will be a story for March, but today the monetary angle reappears with the Bank of England meeting.” “We expect an 8-1 vote to cut rates and a downward revision to growth forecasts to be a mild ...
The pound regained some of its losses after the Bank of England cut interest rates and reduced its growth forecast, causing initial market volatility. Governor Andrew Bailey's reassurances partially ...
Rate cuts are also expected in the Czech Republic and Mexico The DXY dollar index is roughly 2% off its recent highs and the ...
The pound fell sharply after the Bank of England cut interest rates as expected, but forecast higher inflation and weaker growth, with two officials calling for an even larger rate cut.
Sterling dipped against the dollar on Thursday, as investors awaited the outcome of the Bank of England's meeting later on, ...
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